OUTROS DESTAQUES
Finance
Globo's revenue up year over year
quinta-feira, 04 de julho de 2002 , 14h28 | POR REDAÇÃO

Here are the financial highlights (unconsolidated) of Globopar?s first-quarter report. Net revenue totaled 1.059 billion reals, compared with 993.6 million reals a year earlier and 1.194bn reals in the last quarter of 2001. EBITDA totaled 108.9m reals in the first quarter, up from 105.6m reals a year earlier. TV Globo?s net revenue was 536.3m reals in Q1 2002, down from 630.2m reals in Q1 2001, but average audience ratings rose from 50% and 53% in the same period. In pay television, the Globo group?s net revenue reached 407.2m reals, with Globosat accounting alone for 111m reals. Leaving aside adjustments for inter-company relations, TV Globo (broadcast) accounted for 44% of group revenue, Net and Sky (pay-TV distribution) for 34%, Globosat (programming) for 9%, print publications for 6%, and Internet business for 1%, among others. The Internet division grew net revenue to 12.8m reals in the first quarter, largely thanks to the TV reality show Big Brother Brazil. Globopar?s consolidated losses in the period amounted to 426m reals. Total debt stood at about 2.6bn reals on March 31, and cash-in-hand was about 100m reals. Globo S.A., incorporated after the first-quarter financials were closed, will consolidate all group investments.

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